Resource Guilde Class 38_rev.indd - The Wharton School of the ...

21Payment Procedures ContinuedBy Wire TransferPlease provide the following wire instructions to theindividual processing the wire transfer to ensure promptcrediting of funds:Wells Fargo Bank N.A.420 Montgomery St., San Francisco, CA 94101For Domestic Wires and ACH’s:ABA Routing #: 121-000-248For International Wires OnlySWIFT CODE: WFBUIS65CHIPS: 0407Account Name: The Trustees of the University ofPennsylvaniaAccount# 2000018692644Reference: 4 digit ORG number and/or dept. phonenumberImportant: Instruct the sender to indicate:• Name of student• School contact, Amy Weinstein,MBAExec Program - WestIf we cannot apply the credit to the appropriate student,the funds will be deposited into a University suspenseaccount until you contact Cash & Liability Management(215.898.7256) with the required information. For moreinformation, visit www.finance.upenn.edu/treasurer/cashman.Confirmation of Incoming WiresOnce the funds are received and identified, our officewill contact you by telephone or email. You will need toprovide an internal 26-digit account number so that ouroffice can record the entry in the G/L. If you are expectingan incoming wire, please email cash@upenn.edu with theamount of the wire, the sender, the expected date and a26-digit account number. Our office will respond via emailwhen the amount has been journaled into your account.Cancellation and refundsYou may cancel your contract to attend the WhartonSchool MBA For Executives, without any penalty orobligations, up to the first class session.If you cancel, any payment you have made and anynegotiable instrument signed by you less the nonrefundableenrollment deposit shall be returned to you within 30 daysfollowing the school’s receipt of your cancellation notice.After the end of the cancellation period, you also havethe right to withdraw at any time, and you have the rightto receive a refund for the part of the course not taken.Upon cancellation, if the school gave you anymaterials, you must return the materials within 30 days ofthe date you signed a cancellation notice, if requested. Ifyou do not return the materials within this 30-day period,the school may keep an amount out of what you paid thatequals the cost of the materials. The total amount chargedfor each item of materials shall be separately stated. Theamount charged for each item of materials shall not exceedthe materials’ fair market value. The institution shall havethe burden of proof to establish the materials’ fair marketvalue. The school is required to refund any amount overthat as provided above, and you may keep the materials.To cancel the contract for school, mail, fax or delivera signed and dated copy of this cancellation notice or anyother written notice to:Katherine LilygrenWharton MBA Program for Executives, West2 Harrison St., 6th floorSan Francisco, CA 94105ph: 415-267-6311fax: 415-369-0598Remember, you must cancel in writing. You do nothave the right to cancel by telephoning the school or bynot coming to class.FeesSome banks will deduct a fee from the funds beingwired, therefore, the actual funds received may be less thanthe full expected amount. It is important that you have theremitter (sender) check with their bank on their proceduresand fee structure. The remitter should include the amountof the wire fee in the amount being wired. For yourinformation, Wachovia Bank charges the University a feefor all incoming wires, however, this fee is not charged backto your department.Important: If you elect to pay your tuition via wiretransfer, please let Amy Weinstein know when you havesent the payment.